Dec 10, 2012 7:00pm EST
. they help inves tors and retirees and help start new businesses. i know certain tax rates will goup whether i like it or not. can icon vince you to leave capital gains alone? >> it's all on the table. only two people know. that's president obama and speaker baner. i haven't spoken to them today. they're not talking publically. but they are negotiating. i believe getting closer. you have to realize as part of the budget agreement of 2011 we did agree on $1.1 trillion in cuts. that's already there. and i also believe that it's very important that we raise the debt ceiling when we do the fiscal -- >> you will never get it. let me ask you. will the democrats get an increase in and i understand they don't want congress to vote anymore. that could hold up the package. >> it could. from my view of the world, would you give up the ability? you will hear the talking points saying a well balanced approach. simpson bowls was a dollar of new revenue for every $3 in spending reductions. particularly in the explosion that is the entitlement? >> that's out the window. >> but what is the balanced approach?
Dec 11, 2012 7:00pm EST
the gunman had a rifle. we will report later. president obama, i'm going to switch gears now. he has hired 101 new government employees every day since i took office in 2009. that comes to 143,000 over paid workers. let's talk to chris edwards director of tax and policy at the kato institute. but besides this number 143,000 workers, when everybody has basketball getting laid off. average civilian pay, average federal workday, $134,000. that is $32,000 more than the average pay. that is astonishing. >> if you look at total compensation, the average worker does $124,000 a year versus $68,000 a year. the benefits are amazing. they get a 401(k) styled pension and they get high job security. they are laid off one quarter of the rate that high workers are. we don't want to draw the best and most skilled workers in washington. >> it is interesting to me, people seem to know this. 67% of us think that the people in the private sector work harder than those in the public sector. the federal workforce has more machine money. we are supposed to be having budget cuts. why isn't anyone looking for it.
Dec 6, 2012 7:00pm EST
it be michigan which used to call itself the worker's paradise union state is now moving towards new anti-union right-to-work legislation and it looks like it's going to pass? but first up, budget talks resume between speaker john boehner and president obama today. with just 25 days to go, let's keep tabs on where we stand. reports of a conservative backlash against speaker boehner simply not true. he has the solid support of his leadership and the rank and file. but there is concern among some in the gop that they are at risk of becoming the party for rich people while president obama and democrats stake their claim on the middle class. and my tax rate flexibility with higher -- here's what the president said earlier today. >> i'm not going to sign any package that somehow prevent prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> we look back republican senator rand paul from the state of kentucky. senator paul, welcome, as always. i w
Dec 4, 2012 7:00pm EST
. it sounded to me like president obama talking about tax rates. >> is this dead or still alive? >> it is still alive. and it is ugly. but the piece that you mentioned. setting aside some of the substance here. there is a new poll out today that shows the public unchanged. it has been that way for weeks now. they had a proposal and i think it is middle ground and they put it in a letter and leaked it to the press. i think you heard what you heard from the president all along. >> i have to say, i agree with guy. part of the challenge here is the president knows that he's got the public on his side. also remember the exit polling from the elections that shows people are fine with taxes going up on the top 2%. this is part of why the deal from john boehner was a non starter. he said how about deduction caps so you have lots of taxes. is he in trouble with his right wing? >> yes, he is. they have purged the scam. you said it. spending cuts. they are talking about $350 billion. what matters here is the numbers. we can't afford this. we have $16 trillion in debt. we have $87 trillion in unfunded high
Dec 7, 2012 7:00pm EST
be right on its way. second of all they are not going to be bailed out. obama is spending enough money and raising enough tax hikes, anyw anyway. and third, they can't govern themselves. this is not a new problem. this didn't just happen last week. this has been going on for years. >> larry, 60 years it's been one-party rule. along with that comes one attitude. one ideal system. and it certainly hasn't worked. i have a couple of suggestions, though. we can pass the hat if you're willing to throw in a couple of dollars. we don't have a hat to pass because we're so poor. if you're willing to throw in a couple of dollars maybe we can do something here. >> i'm just saying somebody has a mandate. look we had this in new york city in the 1970s. know liked it. but then governor hugh carey, okay, bless his soul, mandated, forced, jammed through financial emergency control boards for the state, doc, and for the estimate nobody liked it. but new york was bankrupt. he had to do it. i think governor snyder has got to do the same thing. and i think mayor dave bing has got to also go along with that
Dec 5, 2012 7:00pm EST
's auto industry. but now, at least one motown politician is telling president obama he should bail out detroit bankrupt city government, too. this sure isn't the free market, and i asked why should a texas taxpayer bail out detroit? >>> breaking news from syria, and it is a blockbuster. the assad regime is walking and loading its chemical weapons, ready to use them on its own people. nbc's chief pentagon correspondent joins us now. jim, is this the red line president obama was warning about? >> well, not quite yet. u.s. officials tell us that the syrian military is poised to use chemical weapons against their own people, and all it would take really is the final order from syrian president assad. but we have learned that as of today, all the precursored chemicals for that deadly nerve gas have in fact now been loaded on to aerial bombs, but those bombs are still in the depots. they haven't been loaded on to airplanes yet, and president assad hasn't given the order. but they're pretty close, larry, and that's why earlier this week, of course, president obama issued a very strong stateme